Fairmatic raises $46M to bring AI to commercial auto insurance
By Editor - Thu Mar 16, 5:11 am
With inflation sparking an increase in the cost of repairs, labor and claims, fees for insurance are similarly spiking across the board. Car insurance premiums rose 13.7% nationally over the past year, according to a study from Bankrate.com. Home insurance, meanwhile, climbed 12.1% year-on-year, Policygenius found . But Jonathan Matus argues that it doesn’t have to be that way.
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Fairmatic raises $46M to bring AI to commercial auto insurance